Trauma Products Market Growth, Size, , Industry Report & Forecast to 2025

The growth of trauma products market is attributed to the demand drivers such as, the aging of the population, the increasing prevalence of obesity, and the expansion of healthcare coverage. The growing prevalence of traumatic injury through motor vehicle accidents and sports and symptomatic osteoarthritis arthritis due to the growing aging population causing low-energy fractures to have also been driving the trauma products market.

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The quick adoption of locking screw technology, polyaxial screwing, and intramedullary nail improvements has been witnessed in the last few years. With that, computer navigation systems to improve accuracy of nail entry have also won the approval of orthopedic surgeons. Newer products have evolved to include biodegradable screws, plates as well as orthobiologic products that stimulate bone growth and fill bone voids to achieve lower complication rates within trauma. Materials development has also been a key interest with physicians as they look for stronger and lighter materials to implant in patients.

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Orthopedic surgeons have also seen dramatic growth in joint replacements with the mass development and improvement of existing technology in that field. While it is one area that can hinder growth in trauma products market, being a substitute procedure, it has also complemented trauma. Trends such as custom implants, materials development for biocompatibility and minimally invasive techniques benefit trauma products and drive growth. In addition, treatment using trauma products is surgically less costly, which will continue to foster adoption. The technological developments in trauma products will essentially continue to result in positive growth.

The trauma products market involves multiple small and medium sized enterprises, a few large multinational corporations, and start-up companies. Key trauma products manufacturers include Smith & Nephew PLC, Stryker Corporation, Wright Medical Group, N.V., and Zimmer Biomet, among others. Further, in a vastly competitive environment primarily driven by innovation, manufacturers of trauma products face many challenges. Some of the basic concerns of large-scale firms include consolidating their positions in strategic markets and innovating faster. Small-scale manufacturers, despite having the advantage of being fast and nimble, at times are restricted by their operational processes. For start-up companies, technical abilities are less important in contrast to their business strategies and manpower requirements.

Current Market Trends Covered in the Report:

Rapid Growth in Geriatric Population
High Prevalence of Bone Degenerative Diseases
Emerging OrthoBiologics/Biological Materials
Increasing Frequency of Sports Injuries Globally

Global Trauma Products Market - Segmentation

By Product

Internal Application
External Application

By Surgical Site

Lower Extremities
Upper Extremities

By End-User

Hospitals
Trauma Centres
Others

Global Trauma Products Market –Region

North America

US
Canada

Europe

Germany
UK
France
Spain
Italy
Rest of Europe

Asia-Pacific

China
India
Japan
Rest of Asia-Pacific

Rest of the World

Middle East & Africa
Latin America

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Orion Market Research (OMR) is an Indian market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.

This release was published on openPR.